Operations Management Quiz

What is operations management? Elaborate the objectives of operations management.

Answer explanation

Operations management involves planning, organizing, and supervising production and manufacturing processes. Its objectives include improving efficiency, ensuring quality, managing resources, and meeting customer demands.

Explain the function of operations management?

Answer explanation

Operations management focuses on efficiently overseeing production and business operations, ensuring that resources are used effectively to meet customer demands and improve overall productivity.

Explain applications of operations management in product industry with suitable example.

Answer explanation

Operations management in the product industry involves optimizing production processes. For example, a car manufacturer uses it to streamline assembly lines, reduce waste, and improve quality, ensuring efficient production and timely delivery.

What do you understand by process analysis in industry? Elaborate the procedure of process layout.

Answer explanation

Process analysis in industry involves examining workflows to improve efficiency. The procedure of process layout includes identifying tasks, arranging workstations based on workflow, and optimizing space for better productivity.

Explain the importance and limitations of process analysis.

Answer explanation

Process analysis is crucial for understanding workflows and improving efficiency. However, it can be limited by oversimplification and may not capture all variables, leading to incomplete insights.

Define facility location? What is the need for selecting location?

Answer explanation

Facility location refers to the process of determining the best site for a business or service. Selecting the right location is crucial for minimizing costs, maximizing accessibility, and enhancing customer satisfaction.

Explain the importance of facility location.

Answer explanation

Facility location is crucial as it affects operational efficiency, costs, and customer accessibility. A well-chosen location can enhance supply chain logistics, reduce transportation costs, and improve service delivery, ultimately impacting profitability.

Explain various types of facility layout

Answer explanation

Facility layouts include process layout (grouping similar processes), product layout (arranging equipment for a specific product), fixed-position layout (stationary products), and cellular layout (workstations for specific products).

What are the Factors influencing layout changes?

Answer explanation

Factors influencing layout changes include operational efficiency, workflow optimization, space utilization, technological advancements, and changes in product lines or services. These elements drive the need for layout adjustments.

What do you understand by inventory management? Why the inventory management is important part of operations management?

Answer explanation

Inventory management involves overseeing and controlling stock levels to ensure the right amount of products is available. It's crucial for operations management as it affects efficiency, cost control, and customer satisfaction.